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News from the world of sports betting

YouTube Bans Gambling and Sports Betting Ads From Coveted Masthead

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YouTube announced this week that it is no longer accepting advertisements for its website’s homepage masthead from companies marketing gambling.  A Ford advertisement on the YouTube masthead. The video-sharing site is no longer allowing marketing spots from sportsbooks and companies highlighting gambling products. (Image: MarTech) YouTube’s masthead ads are the commercial spots site users see …

DraftKings Slumps as Hindenburg Research Alleges SBTech Ties to Illegal Gambling, Organized Crime

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Shares of DraftKings (NASDAQ:DKNG) are sliding Tuesday after noted short-selling activist Hindenburg Research published a lengthy report. The report alleges the gaming company’s SBTech unit operates in jurisdictions where sports betting is illegal, and may have connections to money laundering and organized crime. Hindenburg Research founder Nathan Anderson, seen above. A new report from his …

BlueBet Eyes US Expansion with Aussie IPO Proceeds

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BlueBet, an upstart Australian sportsbook operator, is nearing an initial public offering (IPO). The proceeds could drive the company’s domestic and US expansion efforts. BlueBet founder Michael Sullivan, seen in his office above. The company is readying an Australian IPO and launch in the US. (Image: The Australian) The operator is slated to list shares …

BetMGM Launches Mobile Sports Betting App at Nationals Park in Washington

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Five months after announcing a partnership with the Washington Nationals, BetMGM is ready to play ball in the nation’s capital. Pitcher Stephen Strasburg of the Washington Nationals warms up before an Aug. 9, 2020 game against the Baltimore Orioles at Nationals Park. BetMGM announced Thursday its mobile sports betting app is live in and around …

DraftKings Dollars Help Shalom Meckenzie Nab CryptoPunk NFT for $11.8M

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For obvious reasons, not the least of which is the 37.18 percent gain over the past year, it’s good to own a lot of DraftKings (NASDAQ:DKNG). Just ask Shalom Meckenzie, who plunked down $11.8 million on a non-fungible token at a Sotheby’s auction on Thursday. A replica of the CryptoPunk 7523 NFT. The real thing …

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